Digital Healthcare
Plastiq | December 09, 2021
Plastiq, the smart payments platform that enables businesses to better manage payments and cash flow, and PayGround, a patient payment app that allows payment to any medical provider, announced its strategic partnership to provide patients with an integrated solution to manage and pay all of their healthcare bills in one app. Plastiq Connect APIs enable PayGround to seamlessly integrate Plastiq's payments capabilities into its mobile app, allowing patients to create their PayGround Digital Wallet and pay their medical bills through their preferred payment method; either credit card, HSA, FSA, or even linking their bank account all from within the PayGround app.
"The pandemic highlighted the need for a massive payment evolution in the healthcare industry. PayGround is helping to usher in that evolution by allowing patients to see, understand, manage, and pay all of their healthcare bills in one place, and we're thrilled to bring our platforms together to grant patients the synergistic benefits of both in one offering. Together, we seek to ease the stress that healthcare bills can often bring for patients and their loved ones."
Stoyan Kenderov, Chief Product and Technology Officer at Plastiq
Plastiq introduced the first holistic payments platform that enables businesses to pay suppliers via credit cards, even where cards are not accepted, and accept payments from their customers without having to pay any merchant fees. Plastiq Connect is a set of APIs that enables partners to seamlessly integrate Plastiq's powerful payment experiences in their product. Plastiq Connect uniquely allows business customers to enable card and bank transfer payments to suppliers from within their applications.
"PayGround is bringing humanity back to health care payments by making it simple for families to pay their medical bills, so they can focus more of their time and energy on what really matters," said Drew Mercer, CEO and Co-Founder of PayGround. "Integrating Plastiq Connect further compliments our pursuit to help patients receive the healthcare they need, while allowing them to pay how they want and when they want."
Plastiq has already powered billions of dollars in payments for over 150,000 businesses. Serving companies of various sizes across industry verticals including e-commerce, technology, manufacturing, logistics, and construction, Plastiq enables customers to manage their payments and improve their cash flow. PayGround has created a marketplace where a patient can store multiple payment methods and easily submit payment to any of their medical providers within a few simple clicks. The PayGround app and platform are free for both patients and providers to use to manage all healthcare spend. Recently, PayGround announced revenues are up 140% in 2021 and they proudly serve more than 200 healthcare facilities across the United States. Providers utilizing PayGround's platform have seen an average increase in patient satisfaction by 91%, while also increasing patient collections by 23% and decreasing days to collect by 6.7 days on average.
About PayGround
PayGround provides a mobile app that enables patients and their dependents to manage bills from all of their providers in one place. PayGround's Co-Founder, Drew Mercer, launched PayGround after his family experienced two significant life events, his battle with testicular cancer and his wife giving birth to their third child. It is with these two life events that Drew's family received more than 20 healthcare bills from different providers requesting him to submit payment in different ways. PayGround's app solves for this pain by allowing patients, and their families, to aggregate all healthcare responsibility in one place and then being presented with multiple payment methods to fulfill that responsibility. PayGround offers a payment platform for medical providers to easily collect patient payments. PayGround integrates to a provider's existing EHR or billing system and does not require a client to replace current software.
About Plastiq
Plastiq is the smart payments platform designed to help businesses better manage their finances so they can succeed and grow. The platform lets companies pay and get paid in whatever way is best for their business — regardless of the payment methods their recipients accept. Plastiq has enabled more than 150,000 small and mid-size businesses to leverage faster digital payments and automate accounts payable and receivable processes. Businesses can pay globally in more than 50 countries, and use all major credit card providers, including Mastercard, Visa, American Express, and Discover.
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Future of Healthcare
Biointellisense | December 07, 2021
BioIntelliSense, a continuous health monitoring and clinical intelligence company, has entered into a strategic collaboration with Renown Health, a not-for-profit integrated healthcare network of hospitals and care facilities serving over one million people in Nevada and northeast California, to provide more convenient, effective and personalized care to patients via continuous remote monitoring for both in-hospital patient care as well as at-home health management. This innovative program integrates BioIntelliSense’s FDA-cleared BioSticker™ wearable device into Renown Health’s state-of-the-art clinical remote monitoring services to address today’s significant healthcare workforce shortage challenges and enhance their patient-centered model of care.
BioIntelliSense’s BioSticker continuously monitors data on a patient’s skin temperature, resting heart rate and respiratory rate, step, gait, sleep, activity levels, and more, including infection-like symptom alerts that supports COVID-19 monitoring. The BioSticker’s medical-grade trending and advanced analytics will be visualized and monitored by clinical staff within the Renown Transfer and Operations Center (RTOC).
The Renown Transfer and Operations Center is powered by Renown doctors, nurses, technicians and national technology partners, including BioIntelliSense, to help ensure seamless care for patients and providers. Through this highly coordinated care logistics system, Renown will be able to customize health care to the needs of every patient; delivering the right care, at the right time and place across the integrated delivery system. Renown clinicians will be able to access near real-time information on patients’ vital signs and symptoms, enabling them to identify adverse changes in health sooner and intervene earlier.
“Given the growing healthcare workforce crisis, routine patient monitoring has become more expensive and less frequent, especially during the ongoing public health emergency. With the BioSticker, vital signs monitoring can be provided for each patient far more frequently and at a fraction of the cost. Our strategic partnership with Renown Health serves as a gold standard demonstration project for other hospital systems. What we are learning from patients and providers at Renown will help create fully integrated, continuous care delivery that starts during the patient’s hospitalization, enabling monitoring of their health status throughout their recovery process, and from the comfort of their own home after leaving the hospital.”
James Mault, MD, Founder and CEO of BioIntelliSense
During the first phase of the collaboration and during this phase one implementation, the BioSticker will be applied to all patients admitted to Renown’s community hospital, Renown South Meadows Medical Center in Reno, Nevada. Patients may wear the device throughout their hospital stay and continue to wear it when they leave for their homes, ambulatory, outpatient surgical, rehabilitation or skilled nursing settings.
“We are excited to continue to enhance our relationships with patients by integrating technology that supplements our care teams and provides patients with a virtual care solution that will continuously track vital signs, making healthcare more accessible, affordable and convenient,” said Tony Slonim, MD, DPH, CEO, Renown Health. “We believe patients and their loved ones will have confidence in knowing that their Renown clinical team will be closely monitoring their health data and communicating with them regularly to deliver high quality, personalized care throughout their healing process.”
Initially, this collaboration will focus on understanding the logistics of patient monitoring in the hospital and at home or remote sites using the BioIntelliSense remote care technology. Renown Health will then work towards streamlining and operationalizing the clinical workflow, while scaling the program, to measure clinical improvement and the economic impact on patient care.
“We are entering a new era in continuous health monitoring, as innovative hospital systems like Renown Health are integrating remote care technologies that provide scalable, user friendly and cost-effective solutions for health screening, COVID symptom monitoring and remote patient monitoring,” noted Mault. “We anticipate that within ten years, our wearable devices will become the standard of care for those not feeling well, giving people peace of mind that they or their loved ones are being monitored 24/7 by a supportive clinical team and have the security of knowing that if their condition worsens, we can elevate their level of care – immediately and in real-time.”
"We are excited to serve as the national training site for BioIntelliSense and continue to bring new technology that improves the patient and provider experience to colleagues. We will continue to develop a well-trained, inter-professional and flexible workforce with technology skills that match the current pace of health care innovation,” added Slonim. “Our team is excited to be improving health care access and affordability across the state, and especially with critical access hospitals serving rural communities. Remote patient monitoring technology offers great benefit to patients at or near their homes, and it may transform hospital care by expanding access to clinical expertise to patients, and extending and increasing workforce capacity for limited hospital physician, nursing and clinical teams. We are pleased to be working with Dr. Mault and the team at BioIntelliSense, on the demonstration project with the BioSticker for vital signs monitoring as we take another bold step in innovating health care for long-term success.”
About Renown Health
Renown Health is a locally governed, not-for-profit integrated healthcare network serving northern Nevada, Lake Tahoe and northeast California. Renown is one of the region’s largest private employers with a workforce of more than 7,000. It comprises three acute care hospitals, the region’s only children’s hospital, a rehabilitation hospital, the area’s most comprehensive medical group and urgent care network, and the region’s largest not-for-profit insurance company, Hometown Health. Renown has a long tradition and commitment to improving the care and the health of our community.
About BioIntelliSense
BioIntelliSense is ushering in a new era of continuous health monitoring and clinical intelligence for Remote Patient Monitoring (RPM). Its medical-grade Data-as-a-Service (DaaS) platform seamlessly captures multiparameter vital signs, physiological biometrics and symptomatic events through an effortless patient experience. The FDA-cleared BioSticker™ and medical grade BioButton® devices make remote monitoring and early detection simple. Through the platform’s advanced analytics, clinicians will now have access to high-resolution patient trending and reporting to enable medical grade care from in the hospital to the home.
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Future of Healthcare
IntelliCentrics | November 08, 2021
IntelliCentrics, the innovator of the SEC³URE Ethos, SEC³URE Passport, Link & GO!, BioBytes™ and BioBytes™ Visitor, and EUCARE, a 24/7 online medical consultation service of emergency doctors, specialists, and pharmacists based in Taiwan, announced a partnership delivering an integrated end-to-end medical services solution. The EUCARE’s services and medical staff network aims to remove physical barriers of access to high-quality medical services, which is also in response to the international telemedicine policy of Taiwan’s Ministry of Health, or MOH. The partnership between IntelliCentrics and EUCARE will expand IntelliCentrics’ technology platform, which ensures delivery of care can be trusted, with medical staff on EUCARE’s network providing broad 24/7 medical consultation, removing geographic barriers of access to healthcare.
“For the first time, the IntelliCentrics’ and EUCARE’s partnership provides families of students, business professionals, vacationers, with the peace of mind they remain connected to and can access Taiwan’s high-quality medical resources while traveling abroad.”
Mike Sheehan, CEO of IntelliCentrics
The national health system of Taiwan is widely considered to be a world-class healthcare system. “EUCARE’s broad range of medical consultations range from emergency, specialist, psychological, and pharmaceutical providing those abroad with comprehensive care of the same high quality when they are home while integrating the data into a single health record. We expect this great advancement will be shared with the world in the near future,” said Alex Chuang, Chairman of EUCARE.
The partnership will begin with serving overseas Taiwanese in Mainland China, North America, and the UK to expand the coverage to ultimately make access to Taiwan's high-quality medical resources available to citizens worldwide.
About IntelliCentrics
With a mission to use trust to make high-quality healthcare as accessible as a good cup of coffee, IntelliCentrics created the SEC³URE Ethos. Built on three core principles – transparency, neutrality, and independence, the SEC³URE Ethos is relied on by more than 11,000 locations of care worldwide to ensure mutual trust between patients, doctors, vendor representatives and healthcare companies. To learn more about the world’s largest trusted healthcare technology platform, visit www.intellicentrics.com.IntelliCentrics is publicly traded on The Stock Exchange of Hong Kong Limited under the stock code 6819.
About EUCARE
EUCARE Co., Ltd. provides remote medical consultation platforms that are professional, innovative, and optimal, with a goal to “become your friend who safeguards your health.” Through cooperation and efforts as well as remote medical treatment, we aim to introduce quality apps and advanced medical technologies and information in Taiwan to the whole world.
EUCARE, incorporated in 2018, specializes in the development and planning of remote medical treatment apps. It launched the app, EUCARE, in 2019. Thanks to its innovation and planning, EUCARE has added multiple services to the app, including emergency treatment services around the clock, group consultation, specialist consultation, psychological consultation, and drug consultation.
As we improve business diversity and accumulate experience in cooperating with hospitals and other medical institutions, we endeavour to improve all functions and optimise and integrate platforms to develop a platform most suitable for remote medical treatment in order to more effectively provide services to personnel related to the medical system and patients and achieve the goal of “becoming your friend who safeguards your health.”
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